ConstitutionDAO (People) is a defunct decentralized crowdfunding DAO (a collaborative behavior of co-creation, co-construction, co-governance, and sharing spontaneously generated by a group that reaches the same consensus) organization. It was established in November 2021 to purchase an original copy of the U.S. Constitution. The organization raised a total of $47 million worth of ETH, but lost to a bid of $43.2 million at the Sotheby's auction.
$PEOPLE U.S. election, Republican presidential candidate Donald Trump met with several non-fungible token (NFT) buyers on Wednesday (May 8), and he confirmed that he would accept cryptocurrencies as campaign donations. Fox News reporter Eleanor Terrett said Trump pointed out that he would stop the U.S. hostility to cryptocurrencies. Trump's campaign before the election also made $PEOPLE in the cryptocurrency circle popular. It is estimated that the fund holders who were trapped on April 12 are all on major platforms and community activities, which have boosted the popularity of $PEOPEL. It continued to ferment from last night's banquet to 9 o'clock this morning, and then escaped from the boiling point, and a large amount of goods fled, which led to a rise and then a fall.
Binance Square said: In the US election, $PEOPLE will definitely be hyped
As the disappointed people leave, if the recent US election heat continues, there will be another wave of pull-ups in the later period. Let's see if the market hotspot can get this sector again. The intraday market continues to fall after the pull-up. It is not recommended to enter the market at present. The bottom support is 0.021 and the top pressure is 0.031. This wave of 40% correction is not a problem. You can try to open the first position at 0.024-0.025, and pay attention to the market in the follow-up to gradually build positions.
The callback has reached the position, and there will be a short-term secondary pressure level and secondary status next. The specific trend will be formed.